7-Eleven NNN Convenience
760 Ovilla Rd Glenn Heights, TX 75154
For Sale
Contact for pricing
Pending
Built in 2022, this 7-Eleven leased convenience store sits on a 1.9-acre lot under absolute NNN terms.
Property Size4,650 SF
Lot Size1.90 Acres
Days on Market92
Property Features for 760 Ovilla Rd
General Information
- Standard status
- Pending
- Size
- 4,650 SF
- Lot size
- 1.90 Acres
- Property subtype
- Retail
Listing Agency:
Sankalp Realty
Listed By:
Mukesh Parna · License #TX 0652949
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Jul 23 at 1:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sankalp Realty
Investment Insights
Based on property information with market context.
A built-in-2022 7-Eleven convenience store property offered on an absolute NNN basis. The asset comprises a 4,650-square-foot building on a 1.9-acre lot and is leased to 7-Eleven, Inc. The lease term is structured as a 15-year absolute NNN agreement, with rent increases every five years and four additional 5-year renewal options. S&P “A” credit is noted for the corporate tenant, and the offering materials state no landlord responsibilities.
The property is located at 760 Ovilla Road in Glenn Heights, Texas, approximately one mile from I-35E, which connects major Texas cities.
The property is located at 760 Ovilla Road in Glenn Heights, Texas, approximately one mile from I-35E, which connects major Texas cities.
Key Highlights
- Built in 2022: 4,650 SF 7‑Eleven convenience store on a 1.9‑acre lot
- 15‑year absolute NNN lease to 7‑Eleven, Inc. with 4.75% CAP rate and $277,381 NOI
- S&P "A" credit tenant and rent increases every 5 years
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Built in 2022, this 7-Eleven leased convenience store sits on a 1.9-acre lot under absolute NNN terms.
Where is this grocery and convenience store located?
The property is located at 760 Ovilla Rd Glenn Heights, TX.
What are key features of this property?
This property features: Built in 2022: 4,650 SF 7‑Eleven convenience store on a 1.9‑acre lot; 15‑year absolute NNN lease to 7‑Eleven, Inc. with 4.75% CAP rate and $277,381 NOI; S&P "A" credit tenant and rent increases every 5 years
